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re: U.S. Chamber of Commerce President Tom Donohue is livid. Re: NAFTA

Posted on 10/10/17 at 6:13 pm to
Posted by buckeye_vol
Member since Jul 2014
35308 posts
Posted on 10/10/17 at 6:13 pm to
But even if Ross Perot was right in 1992, we're now 25 years later, and manufacturing jobs are even more replaceable and increasingly so. Plus our economy had evolved away from it anyways.

Policy that focuses on those who were right about the costs at the time and those subsequent costs, can make for untimely and ineffective policies, essentially a variation of the sunk-costs fallacy, but instead of keeping the policy in place, it's using the previous costs to justify a policy decades before. I'm sure there is a more appropriate name for this.
This post was edited on 10/10/17 at 6:18 pm
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